These numbers confirm the notion that consumer spending, which has been so resilient, is under some threat. With investor sentiment so weak and the labor market continuing to deteriorate, consumer confidence had only one way to go -- lower.
More Quotes from Anthony Chan:
One of the pillars of strength of the housing market is the fact of the tax-advantaged nature of the asset. To the extent that you chip away at that, you would see housing somewhat negatively impacted.Anthony Chan
One month doesn't make a story. But it's certainly very encouraging, especially with the market worried about inflation.
Anthony Chan
The best way to read the numbers is going to be to average the two months' data because the hurricanes are distorting the wider picture, ... But excluding the hurricane effects, we're doing 190,000 to 200,000 new jobs a month and that's quite healthy.
Anthony Chan
The hope is that as the war issue is resolved over the next couple of days rather than weeks, we may see another bounce back in consumer activity.
Anthony Chan
We can't ignore the trend -- jobless claims have been coming down. We're at least close to turning the corner on the labor market front.
Anthony Chan
I think we'll see a clear acceleration of refund payments as we get closer to the April deadline, when the checks really start to flow. People tend to procrastinate.
Anthony Chan
Readers Who Like This Quotation Also Like:
Based on Topics: Labor QuotesArt is pattern informed by sensibility.
Herbert Read
I had hoped that the board would accept Johnny Hon's offer of a loan to buy the stadium back for the club, as I think this would be best way of continuing the long tradition of Cambridge United in Cambridge - and it was a generous offer.
Anne Campbell
Robert Louis Stevenson... I'm focusing on the late short stories that I was ignorant of. I always thought he was a boys' author, but he's not at all.
Jane Birkin